D'Leedon Review — Farrer Road · D10
HuatScore: 74/100 — Solid Choice!
Is D'Leedon a good buy?
HuatScore rates D'Leedon 74/100 — a "Solid Choice!" verdict. That makes it a solid buy for buyers who prioritise a central, well-connected address and investors chasing a workable ~3.2% yield. Strongest card: Both anchors locked in. Main watch-out: Thin future upgrader pool. Pricing is reasonable for the location at current market.
Last updated 2026-08-20 · scored against URA caveat data.
Key facts
- Verdict: Solid Choice!
- Region: Core Central Region
- Tenure: 99-yr leasehold
- Completed: 2014
- Units: 1,715
- Developer: CapitaLand
- Avg PSF: ~$2,050 psf
- Price from: S$1.3M
Live market data
- Resale transactions (12mo): 72
- Recent resale PSF: ~$2,060 psf
- Gross rental yield: 3.2%
What works in its favour
- Both anchors locked in: 850m to NANYANG PRIMARY SCHOOL [SAP·GEP] and 520m (~7-min walk) to Farrer Road MRT (Exit B). Strictly within the P1 1km zone, plus walkable to the nearest MRT entrance. This is the non-negotiable demand anchor — kiasu parents AND yield-chasing investors are both your buyers.
- Popular primary inside 1km — NANYANG PRIMARY SCHOOL: NANYANG PRIMARY SCHOOL is SAP · GEP. These primaries are heavily oversubscribed, so addresses inside the 1km P1 zone hold a durable premium — kiasu parents will pay up to keep this option open.
- Healthy transaction liquidity: 72 resale transactions in the past 12 months — wide exit pool, easier to price-discover.
- 3-bedder × investment — appreciation sweet spot: Sells into the deepest pool — owner-occupier families. That demand floor drives durable capital appreciation. The investor default for total return, not just headline yield.
What to watch out for
- Thin future upgrader pool: Live count: 0 HDB blocks within 2km cross the 5-year MOP between 2025 and 2028 (of 187 HDB blocks total within 2km). Narrow pool to absorb your resale — demand leans more on private-market churn here.
Who D'Leedon suits
- Buyers who prioritise a central, well-connected address
- Yield investors — ~3.2% gross is workable; favour larger unit types
- Buyers who value a stable, established neighbourhood over speculative upside
Who should look elsewhere
- Buyers hunting deep relative value — the market has already priced in most of the story
- Short-term flippers — stamp duty + agent fees demand a 5-year minimum hold
- Buyers wanting a guaranteed top-tier primary within 1km walking distance
Huat Kueh says
Nanyang Primary School within 1km at ~$2,050 psf — parents pay for this. No drama, just numbers. Quietly strong one.